What is affordable housing?

Affordable Rental Housing

Affordable Rental Housing is rental housing that's available, below market prices, to a mix of low or moderate income households.

Rent is discounted so that residents are able to meet other basic living costs, such as food, clothing, transport, medical care and education.

To meet Landcom’s target, Affordable Rental Housing must be managed:

• by a Community Housing Provider registered under the National Regulatory System for Community Housing, and
• in line with the rent setting provisions of the NSW Affordable Housing Ministerial Guidelines.

Affordable Ownership Housing

Affordable Ownership Housing is private market housing which is affordable to be bought by moderate or below moderate-income households.

Landcom’s method for determining the price thresholds for Affordable Ownership Housing is set out in the Housing Procedure.

Other Affordable Housing

Other Affordable Housing is a housing product which improves housing affordability more generally.

It may include alternative tenures, such as ......

It may include a pathway to home ownership such as shared equity schemes and rent-to-buy models.